Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity

About This Report

Abstract:

Ascendas Property Fund Trustee Pte., Ltd., a Singapore-based trustee-manager of Ascendas India Trust (a-iTrust), has entered into an agreement with Phoenix Infocity Private Limited, an India-based property developer, to acquire its portfolio of five buildings in Hitec City 2 Special Economic Zone (SEZ), Hyderabad, India for a total consideration of approximately INR8,547 million ($188.55 million).

Following terms and conditions apply: All charges are made in USD. Actual charge to your credit card may deviate due to the currency exchange and Bank fees from your financial institution as some banks and credit cards impose fees for international transactions outside the United States. If you have any questions about these fees or the exchange rate applied to your booking, please contact your bank.